Anglo American appoints new Executive Director
20 December, 2004
Anglo American plc (“Anglo American”) is pleased to announce that, at its next Annual General Meeting on 20 April 2005, it will propose the appointment of René Médori as an Executive Director of Anglo American, effective 1 June 2005. René will take over as Finance Director from Tony Lea on 1 September 2005, following a three month handover phase.
Anglo American plc (“Anglo American”) is pleased to announce that, at its next Annual General Meeting on 20 April 2005, it will propose the appointment of René Médori as an Executive Director of Anglo American, effective 1 June 2005. René will take over as Finance Director from Tony Lea on 1 September 2005, following a three month handover phase.
Tony Lea will remain on the Board as an Executive Director with responsibility for a range of corporate functions (including legal and external affairs) and will retire from the Board during December 2005. He will remain employed as a consultant to the Group during 2006.
René Médori, aged 47, is currently Finance Director of the BOC Group plc and is a Non-Executive Director of Scottish and Southern Energy plc as well as Afrox Ltd and Afrox Hospitals Ltd in South Africa.
Tony Trahar, Chief Executive of Anglo American, said: “We are very pleased that René has agreed to join the Board of Anglo American. René brings significant financial and commercial expertise from a capital intensive business involved with large utility facilities supplying products to the oil refining, steel and mining industries. His experience in international finance in the UK, Europe and the United States and his South African board experience provide an excellent platform for the Anglo American Group. We are also fortunate in being able to retain the services of Tony Lea for an appropriate handover and induction phase and also to retain his broad knowledge and experience of the Group once René has assumed his full responsibility as Finance Director”.
René Médori commented that: “I am delighted to be joining the Board of Anglo American and look forward to the challenges ahead”.
Notes to Editors:
Anglo American plc is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals, gold and diamonds, with significant interests in coal, base and ferrous metals, industrial minerals and paper and packaging. The group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia. (www.angloamerican.co.uk)
Disclaimer:
The information contained in press releases, annual or interim reports, analyst presentations, and financial information should not be deemed accurate or current except as of the date of issue. Anglo American plc does not, does not intend to, and specifically disclaims any duty to, update or correct such information.